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Search Results 0 to 49 of about 75 (some duplicates have been removed)
, the bill to save the economy went down to defeat in the house of representatives. >> the legislation has failed. >> i'm very disappointed in today's vote. >> so to the democrats skprerep who vetoed this bill yesterday, i say step up to the plate. >> this is what brought us to the brink of collapse. >> wow. all because annie went and got a house he couldn't afford? >> i don't know whose fault that was. >> $1.2 trillion in market value wiped out in one day. congress quickly reconvened, and four days later, on october 3rd, it passed the $700 billion troubled asset relief program. >> congress has agreed to a broad deal that authorizes the presidential secretary to free up the criticisms. that may be the last time the president witnessed something that really mattered to washington. four years later, and on the eve of another election, he's being asked, are you better off off than they were. but how much money could you have? if washington had put aside its pride, they could work with some people. >> these two have had your back. sheila baer's job was to deal with banks. neil's job was to be
the economy went down to defeat in the house of representatives. >> the legislation has failed -- >> i'm very disappointed in today's vote. >> to the democrats and republicans who oppose this plan yesterday, i say, step up to the plate. >> investors panicked, the dow dropped 777 points. the biggest single day point loss to date. >> this is what brought us to the brink of collapse. >> wow. all because annie went and got a house that he could not afford? >> $1.2 trillion in market value wiped out in one day. it's really psychological at this point. >> congress quickly reconvened and four days later on october 3rd, it passed the $700 billion troubled asset relief program. >> congress has agreed to a broad deal that authorizes the treasury secretary to start releasing money to free up the credit systems. that may have been the last time persons witnessed bipartisan compromise on something that really mattered in washington. four years later and on the eve of another election, voters are being asked, are you better off than you were then? the answer is yes because it was that bad. but how much bet
on it to ease its mounting losses. the u.s. economy shows more signs of slowing, and slowing down faster than expected. but silver has been red hot. where is the demand coming from and can it last? we talk with phil baker, the c.e.o. of hecla mining. that and more tonight on nbr! we begin with discouraging news about the sluggish economy. by the broadest measurement, economic growth slowed sharply in the second quarter. the gross domestic product was revised considerably lower today. growth was 1.3% in the april through june period. just a month ago, the estimate was 1.7%. add that to a big drop in purchases of big ticket items, like washing machines and furniture. in august, durable goods orders fell 13.2%, and you've got an economy that's just muddling along. but one ray of encouragement-- fewer people filed for unemployment benefits for the first time last week. claims fell by 26,000 to their july lows of 359,000 claims. on wall street, the dow jumped 72 points, the nasdaq added almost 43 points, the s&p up 13. while the u.s. continues working through problems left over by the great recess
are really pretty slack, and for government to withdraw support from the economy as the tories have done since 2010 has really been a recipe for a double dip recession and sure enough we have got one. >> you actually have got an interesting case study, america is a much bigger economy than the uk but our two countries were dealing with the financial crisis more or less in the same way. >> yes. >> a new government came in, not just austerity but masochism that is being -- >> by each other --. there is masochism in the uk with respect to the economic, a collector austerity around europe which is related, a separate point. >> the uk laboratory has been used to test the thesis that by contracting government spending you presto expand private enterprise. it hasn't worked and that way we ended up with a simple national -- >> why is that? >> because the private sector is not spending, sitting on 750 billion pounds of cash and not investing, consumers have their wits frightened out of them, export markets are slack, prto, if all of the indicators are point manager the wrong direction you have n
views on the global economy and perhaps you could start with europe and make your way around the world and perspective on what you see in terms of growth and perhaps more importantly you know, what are the challenges that we are going to have to deal with over the next period of time? >> there's not enough time for all the challenges but let me give you some perspective. let me get to -- let me give away the punchline. the punchline is i think in a world races, the world is not going to come to coming to an end. we are going to muddle through but there are a lot of challenges and a lot of risks that i think the largest outcome come the largest for signage likely outcome by far is that we get through it and a lot of action were to be taken to offer some relief but there are several things that could cause things to derail in which case it would be a lot tougher for a lot longer. but you asked about europe. i think the biggest problem that europe has is growth and the risk problem is the go off the rail, bus stop of the euro. a few months ago we would have said that the two big issues fo
such difficulty, you know, in the economy because of federal reserve policy. likelihood of hearing this, very very slim. and maybe seeing how would you balance a budget? in our campaign we had a precise plan of cutting a trillion dollars and balancing the budget in three years. you know, we're in this horrendous crisis and neither one of them are going to say anything, oh, maybe we ought to cut something. there's no proposal to cut anything. it's also tinkering around with massive automatic increases and the american people are starting to wake up and realize it is all fiction and they are not serious. connell: congressman paul, thanks as always. >> thanks. connell: fox business network, beginning at 8:00 p.m. eastern live from denver, neil cavuto will be on the next hour to talk about the debate. neil cavuto. dagen: the economy will be a big focus of tonight's debate. adp the payroll processing firm came out earlier this morning and reported that 162,000 private sector jobs were added last month. more than expected. to weigh in on that, and the debate, the head of u.s. interest rate strategy at u
output at a plant as the economy slows and demand weakens. meantime 40% of china's iron ore mines are standing idle as steel prices have crumbled. and loans to firms and households fell more than expected. ecb staying loans to the private sector fell 0.6% from the same month a year ago. italy's borrowing costs falling at a bond auction today. analysts say the auction shows nand for italian government paper remains healthy. and eu regulators are prepare to go charge microsoft for failing to comply with a 2009 ruling. that ruling had on ordered the company to offer user as choice of web browsers. apparently they may not have done that. if guilty, microsoft could face fines of up to 10% of its global revenues. and that would be a lot of money. >> iran still, we're this close to nuclear -- think our unfunded labels are like 60 trillion or something. europe back in the crapper, but the refs. huh? >> i told you, i don't always like unions. i'm actually happy that the refs union won. >> it does provide a release from some of the travails and the worries of every day life. spoorts is spor
of the economy, and if that stops jobs are going to stop, too and so is everything else. >> larry, i think those are very good points. i would argue most of the weakness we are seeing in the manufacturing side is a function of much weaker export s because of weakness in europe and asia. i think what we are seeing in the latest chicago data is a catchup with all the other weakness we had seen in earlier surveys. i think the economy is weak. it's not strong by any means but the labor market looks like it is growing. i don't think it will rollover from modest job growth. claims are ploe low and tax receipts are improving. >> 1 30i7b 3% depend we got earlier this weak. a lot of people would call ate growth recession. i want to ask is this stall-speed or an actual recession? >> i think we have slowed since the 1.3% second quarter number larry. we are seeing durable goods orders down in july and august. we are seeing the pmi is down. importantly, europe is moving in to a recession. germany is now in recession and china is not doing its stimulus. you have a coordinated global slow down starts now and i
, caterpillar, bellweathers for the economy, it sends a weak signal about the economy. sooner or later, gravity will overwhelm the central bank easing. the question is, does it happen before or after the election? >>neil: we live in the moment and i do not dispute what you are saying. but i do say the barometer has been right 90 percent of the time. as the quarter goes before the election, so go the election for or against the incumbent. this are many other barometers that point in a variety different ways so this is one of them. it doesn't necessarily mean anything. i am wondering if what this is saying for president obama is that people are going to look at their financial statements, if they are lucky enough to have accounts and they are up, or they will look at their home values if they are lucky enough to have a home going up in value and they feel, on paper, some of this wealth affect we hear about. you dismiss that? >>guest: well, it is a good point that perhaps what this is telling us is that bernanke at the federal reserve is throwing the kitchen sink at this to stimulate it through th
the economy likely added 155,000 private payroll jobs this month. we'll bring you the number and get you instant reaction from joel prakken. in corporate news, richard schultz is pressing forward with a possible $11 billion buyout of the retailer. schultz and at least four private equity firms have reportedly started examining the books of the economy. at the same time, he is said to be negotiating individually with the pe firms on the details of how his roughly 20% stake in the company would contribute and what role he might be playing after a buyout. and oracle ceo larry ellison says the company won't be making any major acquisitions during the next couple years. in an interview on "closing bell" yesterday, ellison said he is instead focused on growing organically. he also discussed the dividend. >> that's the decision of the oracle board of directors. i believe we'll gradually increase the dividend as opposed to dublg it or tripling it all at once. nothing dramatic. >> shares of oracle during the last year, take a look at it. 31.65. he's gotten close to the top there, joe. >> all righ
. the economy is obviously a big part of this story. the qe announcement providing a shock to stock. we'll talk to charlie evans at 8:30 eastern time. and then it is your money, your vote. we'll start the countdown to the first presidential tee batd, that is on wednesday night. we'll be turning to a pair of political strategists in the next half hour for a preview. plus a cnbc exclusive, julia boars sten catching up with sheryl sandberg. including just how many people put everything about themselves online. >> does it scare that you you've helped create a generation of oversharers? >> i think what we give is people the ability to share what they want. what is one person's ridiculous oversharing is another person's regular day and we build technology that lets users share what they want to share and that's tremendously exciting. >> julia will join us with more of that conversation coming up at 7:30. and we'll find out why craig barrett is not a facebook fan. and in sports news, yes, europe has retained the ryder cup. staging a comeback after the u.s. began sunday with a big lead. europe has won
while consumer prices slipped further in august raising fears the world's third biggest economy could yet fall into recession by year end. >>> what a big day. >> super friday. >> we have the french budget proposal, the results of the spain audit/stress test, we've got, what else -- it's the end of the quarter. britain is announcing it libor reforms. >> that's not what i was talking about. it's the ryder cup, folks. forget all that stuff. >> by the way, i had to google the ryder cup. >> far more important event. >> we'll talk about that later in the program. >> i don't know who insisted on that, but apparently we are going to cover it. >> before we get to that, the government of hollande is about to present it first budget. its expected to whicheverdelives of tax hikes. meantime european policymakers are appraising spain's reform plan. but today the government must brace for the results of the banking stress tests that will determine the recapitalization needs of the country's most troubled lenders. we have steve sedgwick following the story in thmadrid, but firs out to stefane i
for lou dobbs. an election that was supposed to be all about the struggling economy, right? now leading to questions over the president's handling of foreign policy and the administrations truthfulness to the american people. to reporreport the united states diplomats in libya asked the obama administration repeatedly for additional security right up until the september 11, 2012 attacks. house oversight committee chairman darrell ice looking to secretary of state hillary clinton for answers. telling congressmen issa the extra resources are being denied despite firebombings and online death threats. vice presidential nominee paul ryan seizing onnthe commission to launch attacks at the democratic ticket. >> feature if you turn on the ty you can see that the obama foreign-policy is unraveling before our eyes. it's not just an isolated incident where we lost four americans in libya. that's tragic. but it is part of a bigger story of the unraveling of this agenda all over the world. we have distanced our ally, israel, we are not advancing our interests in the middle east, and the president i
's economy is dead flat, teetering on recession. 10-year high for unemployment and france puts in place huge tax increases. bill: i'm reading the two measures bringing around half a billion euros. >> that's it. >> what will that do for them? >> not much. there are other taxes as well which will bring in a total they think of 20 billion euros. bill: higher tax rates on dividends? >> dividends, capital gains, dividends, profits, reinvestment of capital, interest you name it. bill: here is a query for you. are they cutting spending at all? >> by about $10 billion euros. $20 billion worth of tax increases. $10 billion worth of spending cuts gives you a 30 billion euro reduction they think in the budget deficit. bill: well on the spending cuts, how much resistance was there? >> there is going to be a lot of resistance. in france there is really a cradle to grave security system and the state is at the very center of the economy. when the state starts cutting into to spending, cutting down on spending, there will be some resistance and it will be seen on the streets. bill: do you expect the wealth
us about global economies. paul eggers reports next. we are this close... ...to making history. we are this close... this close... we are this close to ending polio. all we need is you. this close... be a part of history at rotary.org the paris auto show comes at a tough time for european automakers. car companies in europe are bracing for a drop in sales. but that didn't stop the spotlight from shining on the city of lights for one of the nation's largest car shows. high-end auto mobiles from bentley, lamborghini and jaguar were rolled out this week, as auto makers target drivers of luxury automobiles. the show comes at a time when new car registrations in the region have slowed 7%. teams from europe and the u.s. are teeing off for the ryder cup this week. this year's match is happening just outside of chicago. paul eggers reports on how the economy is coming into play on the golf course. a gallery of more than 40,000 golf fanatics from across the u.s. and europe will visit medinah country club each of the next three days for golf's premier team event. and they'll pay big bucks fo
happening in the economy, disease -- does it not? >> i agree. look, there are major headwinds out there. it's hard to be positive about anything. europe's slowing down can, we're printing money like crazy, and when you're dealing with a world where the growth is coming from reducing friction as opposed to sort of increasing thrust, there's just not a lot of foundation there. there's nothing solid that investors or anyone can really stand on to be positive, in my opinion. david: and, stephen, i didn't like what ben bernanke and his buddies at the fed did, but the fact that they did that indicates that what they were seeing -- they have access to all kinds of data we don't have access to -- what they saw was something bordering on recession, otherwise they would not have gone all in as they did with qe3. >> yeah. you know, make no mistake, from the longer-term perspective, i agree. the negative impact of this easy money, you know, will catch up with us, but i think it's still several years down the road and probably comes most likely in the form of inflation. but right now particularly the eq
18,000 jobs in the sector. that is where the economy is being structured these days. 10,000 jobs in construction. manufacturing, 4000 jobs. melissa: we were looking at 113, does that make that same life? i just want to remind everyone that is not a good number. >> finding the list that the government number includes state and local layoffs. i don't think that adp number includes that. when you look at those two numbers since january, you will see a defeat for 172,000 jobs a month where it is about 150,000. it has to be above 200,000 to keep up with population growth. again, 8.2% we are looking at coming in for friday. lori: full employment around 4%? nobody talks about that anymore. >> we just talk about the jobless rate. lori: the temperature is going down, find your heating costs going way up? the impact the winter will have on the economy. melissa: take a look at metals had with those who break. gold trading up. copper, basically what. we will be right back. ♪ you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier
trying to explain why he is pumping even more money into the economy. connell: the supreme court back to work today. whether your cell phone data is protected under the fourth amendment. judge andrew napolitano coming up. dagen: costing apple billionths. connell: let's start with nicole petallides. nicole: looking pretty good here today. we see the dow is up more than 1%. the s&p up nearly 1%. the text -- tech heavy nasdaq up. this was after three months of contraction. that was some good news there. another thing helping things along -- the dollar is lower, the euro is higher. you are seeing just about every name in the dow with an up arrow. i want you to take a book here at macy's. they will higher 80,000 for the seasonal. kohls, amazon, toys "r" us, just to name a few. dagen: host chris wallace had a little trouble getting information from vice presidential candidate paul ryan on his tax plan. >> it is lower by 2013. >> how much does it cost? >> it is revenue neutral. [ talking over each other ] >> we will get to that. >> let me just tell you. it would take me too long to go throug
are great. that's one of the reasons the economy hasn't been strong to this point in the cycle. housing is keeping us from really stuttering on growth. we need more in housing, all that free cash flow in the corporate sector to be put to more productive use, investing in capital and labor. there's a real need for it, carl, because the capital stock in the economy is basically depreciating. we're operating with old depleted capital. >> housing is a much smaller portion. the context of this is we need a much bigger engine for this economy this time around. >> we do. but partly most of the housing is so low because it came from a high level and then a collapse. if you look at the fed flow of funds data, you've had two record quarters of growth because of higher home prices. but we need more jobs. so housing is helping, the consumer is still holding in. we need more jobs. it's got to come from the business side. >> what gives you the confidence that europe has stabilized? of course, we look at this durable goods number, we know that's partially because of european weakness, but some would s
a red flag for the economy. we'll talk more about the transports and what they're telling us at 6:40. we'll also focus on the economy with the man who is charged with officially calling recessions and the end of those recessions. james poterba will be here at 7:30. and our corporate story of the morning, smartphones and mobile devices. apple launches the new iphone 5 in 22 more countries today and this comes after blackberry posted better than expected quarterly results after the bell last night. still, it is an uphill climb for this company. we'll be talking to research in motion ceo. and plus we will welcome today's political news maker, senator rand paul, one of the nation's best known tea party members. and by the way, in case you went to sleep early last night, the official nfl refs were back on the field. get this, they got a standing ovation as they took the field. the ravens beating the browns 23-16. we will have more on the game and on what's happening in sports at 6:20 eastern time. first andrew has the morning's top business headlines. >>> on the global markets agenda, results
. we have one set of the economy functioning at a level where the competition is on the wrong level. it needs to be on the level of performance and outcomes. patience if i hear all the time are increasingly frustrated, even distrustful of the health care system. they have limited options and they turn to there're insurance companies and they feel like they are appealing a cell phone bill. they cannot get through. doctors are also frustrated with health care system. we have a system where 46% of doctors say they are burned out, according to a mayo clinic study of the two months ago. when doctors say they are burned out, the performance will not be as good. host: dr. makary, when it comes to accountability, i want to go back to canada to talk about his insurance bills that he received, -- back to kenneth who talked about the insurance bills that he received, etc., should there be a priceless? -- price list? guest: you should be able to find out the average cost of something even before you have paid for it. the medical center at my home town hospital said you could have a heart operat
to change the mood. business confidence in the world's third biggest economy continues to take a hit. sentiment fell in the july to september quarter. this according to the central bank's survey. falling output and exports have taken a toll along with rising worries over strained relations with china. the one bright spot, the mood in the service sector which remains much higher. japan also has a new finance chief after noda reshuffled his cabinet. largely expected to stick to the reform plan. in all ten new faces were brought into the cabinet including the economics minister and he's been urging the bank of japan to take more action, as well, on the economy. ed rogers is ceo of rogers investment advisers and he joins us now. ed, was that one bright spot in the tank enough? >> good morning, ross. i think actually there were two bright spots. cap ex- is expected to rise at much higher rate than previously expected. those are good things. the fact that in the short term we have a bit of a down tick in enthusiasm and a lot of that could well be placed at the doorstep of the china and jap
:30. and it could move the market, especially a big build in inventory finding a very slow economy and we're also going to get a ten o'clock new home sales numbers and normally they do not directly affect the market and we'll see coming up at ten o'clock this morning and you will have the numbers. the opening bell has stopped, it's stopped ringing and now they're actually trading and we're expecting a modest, actually, we're expecting a flat market to start with. flat to slightly lower, because of what's happening in europe, mayhem over there, especially in spain and that does not bowed well for america's stock market. we should see. we're dead flat in the half minute's worth of business. perhaps we were hasty when we put the blackberry maker rim, adding they added 2 million subscribers, nicole, i want a stock price. >> am i included in the "we"? i didn't have them on death watch, you may remember. stuart: you're right. >> the death music came on, hold on, what happened yesterday. went up 5% because they added subscribers and 3.3%, and up to 80 million subscribers. stuart: i got it. now, tell me
the economy than the republican challenger. that's what we've got. that looks very good for the president. it's not over yet. connell: i doubt that he's up as much as it says in some of those states or that he will win in all of those states. >> i was going to say the numbers are pretty widespread and consistent. anything could happen in the next 40 days, but if i were the romney campaign, i would be very concerned about those numbers in ohio, pennsylvania, florida, michigan. they're very scary numbers for governor romney. connell: thank you senator. i was going to say he may not win ohio by 10 but the trend has been in his favor. thank you senator for joining us. >> thanks for having me. dagen: senator, thank you very much. unrest and protests happening over there, we can take a look at pictures coming out of greece today, more money flooding into our markets right here. joining us now is kevin flanagan chief fixed income strategist at morgan stanley wealth management. kevin of course i'm talking about u.s. treasuries, one of the safest assets you can find around the globe. do you think a ra
economy has not seen disruptions like some years ago. why? 1989, now each year china has many law school students. that is faster than united states, for better or for worse. [laughter] their commercializing the media. none of them existed in 1989 in china. this provided a stabilizing force for a peaceful transition. the party needs to transform itself before it is too late. there is a serious discussion among social groups talking about legitimacy of the chinese communist party. how could it be possible? because his ambition will never stop. that is an important lesson. this is a critical moment china is experiencing at this conjunction of history. so, in a way, to answer your question, the leadership, in many ways they also sense the of the vulnerability. but it is not clear whether they will really transform the party because it is a very complicated process. there are ethnic issues. again, all of these issues will resurge, plus, the economy, slowed down. that as a result of the political problems and a further revealed the fundamental problems in the system, monopoly, corruption, etc
the economy. when we announced qe-3, those were exactly the conversation we were having on the point, but still the market rallied and later on down the line, you rationalize it as the initial event wasn't so powerful. now we're doing exactly the same in europe. every time we go through this process. >> let's take an attendance call. volumes are still considerably low. today is a holiday. last week we had a significant holiday in the u.s. attendance is just low. there's not the kind of participation. so if you get something like that that spooks a few participants who actually are in the market, it's going to have a more profound effect and you'll see a percent and a half pullback. >> where do you stand on the notion that there's going to be a chase for performance in the fourth quarter and therefore will want to be in this market, putting sort of a floor underneath? >> that's a legitimate concern for people who aren't fully invested, but up to where they should be in terms of risk on with their portfolios. i do see there's considerable amount of risk to have that continue to push ag
the world in a slowing global economy are going to open up. we'll see where it all plays out, whether all current cities are suddenly represented in oil and gold, suddenly gold and oil are so high that any gains that you get in your market averages are -- >> and yet crude oil back at -- >> 92, yeah. expressed in either euros or dollar, it's expensive. the ten year note which we know is just able to trade wherever it wants and not being influenced at all by the fed, just at a 1.63%. look at the dollar which has been around 1.28 versus the euro. 1.29 today. and then gold was at a session high, i think it was at a euro all-time high yesterday. down a little bit today. >> right now time for the global markets report. ross westgate is standing by. while you -- >> two days now? >> guess who we get onset with us. >> mr. poulter. that's fantastic. and is that the first interview he's done outside of the event? >> he may have just talked after the event, i guess, and i know he had a few guinnesss after the event. i saw a few pictures yesterday. but he had those same eyes. eyes scare me a little bi
under some of the strongest sanctions today. oil exports have been correct. the iranian economy has been hit hard. it does have an effect on the economy. we must face the truth. sanctions have not stopped iran's nuclear program. according to the international atomic energy agency, during the last year alone, iran has doubled the number of energy uses in its underground nuclear facility. at this late hour, there is only one way to peacefully prevent iran from getting atomic bombs, and that is by placing a clear nucleare on iran's weapons program. [applause] red lines do not lead to war. they prevent war. look at nato's charter. it made clear that an attack on one member country would be considered an attack on all. new's redlined helps keep the peace in europe for nearly half a century -- red lines have helped keep the peace in europe for nearly half a century. and help preserve the peace for decades. it is the failure to place red lines that has often invited aggression. if it were drawn in the 1930 baltimore, world war ii might the been avoided -- 1930's, world war ii might have been av
with government -- >> we had a downturn in the economy. we of hard times, people looking for work and not able to find jobs. >> 65% of federal spending going to individual payments. it may not sound good, but we have created a welfare state. >> to blame it all on president obama is even worse. to declare the president of the united states is manipulating so people will stay and vote democrat? i think that is the most ridiculous thing i have ever heard. if such a cynical view of the presidency and of government. that cannot possibly reflect -- >> your response? >> i think a far better approach than a dependency is removing the barrier the federal government puts in place to small businesses and allowing entrepreneurs and small businesses to drive. >> what barriers? >> i am very happy to discuss the various. >> i wish she would. >> let him finish and make his point, then you can respond. >> what texans are looking for, and what is inherent in the east coast of texas, is that we are not looking for handouts. we're looking for the chance to the entrepreneur is, to work to achieve. think there have
elsewhere. he was not focused enough on the economy. his attention had been on things like a government takeover of health care and apologizing for america abroad." in our fact check that day, we quoted what obama had said in overseas trips, including an assertion that at times the u.s. had acted contrary to its own ideals or had been selective in where it sought to promote democracy. it had sometimes shown an arrogance toward allies. we pointed out that when he made those kinds of statements that suggested the u.s. is not completely above reproach, he usually balance it with praise for things the country had done right. all that -- that is in a long tradition of presidents acknowledging past imperfections. these cannot by any normal dictionaries amount to apologies. either formal or informal. again, last month, when romney accepted his party's nomination, he repeated the assertion that obama had begun his presidency with an apology tour, and obama had confessed the u.s. had "dictated to other nations." that fact check story went into greater detail, pointing out that obama's trips to e
to which they are pumping new cash into the economy which was information that came out last night contributed to a good day in the shanghai stock market, up 2%, it's done horribly for many, many, many months, is that chinese cash injection a big surprise in the same sense that the fed's cash injection was always big surprise? >> i think them coming out and saying that -- affirm something that some people thought, just like people thought there was going to be qe-3 but it wasn't until they affirmed it and we saw stocks take off again. we saw qe 1, qe-2, qe-qe-3. look at our poverty rate, our unemployment rate. that's not a recovery. >> housing prices are getting better. >> that's a bubble. incomes aren't going up. >> housing is in a hugh bubble? >> look at what happened to mortgage rates. >> this is literally unfounded. you're combining these really big stories about poverty which is all legitimate debate to have with a shorter term story with respect to what's happening in the market and i would add after qe 1, after qe-2 and now qe-3, the initial reaction was stocks turned lower.
Search Results 0 to 49 of about 75 (some duplicates have been removed)